Ethereum Trading Update

Investing.com – As of 18:16 (22:16 GMT) on Tuesday, Ethereum was trading at $2,396.95, reflecting a 10.75% decline, marking its largest one-day percentage loss since November 9, 2022.

This downward movement has reduced Ethereum’s market cap to $299.58B, constituting 14.18% of the total cryptocurrency market cap. Previously, Ethereum’s market cap peaked at $569.58B.

In the past twenty-four hours, Ethereum traded between $2,396.02 and $2,699.73.

Over the last week, Ethereum’s value decreased by 3.68%. The volume of Ethereum traded in the last twenty-four hours stood at $14.89B, making up 21.02% of the total cryptocurrency trading volume. Throughout this week, it has fluctuated between $2,396.0151 and $2,818.0505.

Currently, Ethereum is down 50.72% from its all-time high of $4,864.06 recorded on November 10, 2021.

Other Cryptocurrency Updates

• Bitcoin is currently priced at $58,331.7, down 7.66% for the day.
• Tether USDt is trading at $1.0002, with no significant change.

Bitcoin’s market cap is approximately $1,191.54B, accounting for 56.41% of the total cryptocurrency market cap, while Tether USDt has a market cap of $118.08B, or 5.59% of the total cryptocurrency market value.